Oroville, CA 95965,1234 & 1238 Middlehoff LN
Oroville, CA 95965,1234 & 1238 Middlehoff LN
Oroville, CA 95965,1234 & 1238 Middlehoff LN
19
$284,000
$299,000
5.0%
Est.Price: ?

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1.18 Acres Lot

1234 & 1238 Middlehoff LN Oroville, CA 95965

Est. payment /mo
SOLD DATE : 11/12/2024

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Key Details

Sold Price $284,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OR24106359

Year Built 1957

Lot Size 1.180 Acres

Property Description

**Amazing Investment Opportunity: Multi Unit on Sprawling Corner Lot!**
Unlock the potential of this lucrative income-producing property nestled in a prime location just minutes from downtown Oroville. Situated on a generous 1.18-acre corner-lot along Middlehoff Lane, this hidden gem offers a perfect blend of convenience, tranquility and investment opportunity

**Prime Location**
Tucked away in a secluded wooded area just west of the river, yet only a stone's throw from Oroville's bustling downtown, this property offers the best of both worlds. With easy access to amenities, it's an ideal location for tenants seeking both comfort and convenience.

**Duplex Units**
The front duplex units, each with its own carport and storage, exude rustic charm with rising, exposed-beam ceilings and wooden built-ins. Boasting identical layouts of 1 bed/1 bath, these units offer comfortable living spaces with the added convenience of individual, brand new electric meters. Each unit has its own electric and Gas meters. There is a seperate large building across the large backyard which houses a shared laundry facility, 2 car garage and a large, climate-controlled indoor storage area. This building is also on its own electric meter. Historically, tenants have paid their own unit's power/gas and the landlord has paid the laundry power bill from the third meter.


**Expansive Grounds**
Spanning 1.18 acres and fully fenced, the property offers abundant outdoor space for recreation and relaxation. Mature trees dot the landscape, complemented by lush grassy expanses and even a flourishing grapevine, creating a picturesque setting for residents to enjoy.

**Investment Potential**
With one unit already occupied, this property presents an immediate income stream for savvy investors an the second unit is ready for an owner or tenant to move right in. Whether you're looking to generate rental income or offset mortgage payments, the possibilities are endless with this versatile investment opportunity.

Don't miss out on this fantastic opportunity to own a multifaceted income property in a highly sought-after location. Schedule your showing today and unlock the full potential of this hidden gem on Middlehoff Lane!

Location

State CA

County Butte

Zoning AR

Rooms

Other Rooms Second Garage, Shed(s)

Interior

Heating Electric

Cooling Evaporative Cooling

Flooring Laminate, Vinyl

Fireplaces Type None

Laundry Common Area, Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Awning(s)

Parking Features Attached Carport, Assigned, Door-Multi, Garage, Storage

Garage Spaces 2.0

Garage Description 2.0

Fence Good Condition

Pool None

Community Features Biking, Dog Park, Fishing, Golf, Hiking, Horse Trails, Water Sports

View Y/N Yes

View Mountain(s)

Roof Type Composition

Building

Lot Description 2-5 Units/Acre, Back Yard, Corner Lot, Street Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Aaron Landers • Century 21 Select Real Estate Inc
Bought with Garrett French • Century 21 Select Real Estate, Inc.

GET MORE INFORMATION

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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